首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Bonds include government securities and corporate bonds. Government securities are issued by the federal government or by a stat
Bonds include government securities and corporate bonds. Government securities are issued by the federal government or by a stat
admin
2013-01-25
28
问题
Bonds include government securities and corporate bonds. Government securities are issued by the federal government or by a state or local government These investments pay interest at a specified rate after a certain period of time. The savings bonds issued by the United States government are widely popular among small investors because of their low purchase and great safety. A $ 50 savings bond, the lowest denomination issued .costs $ 25. A buyer can cash it for at least twice the purchase price after 17 years, when the bond matures (comes due). The interest rates on most savings bonds are based on the interest rates earned on certain other federal securities, Most savings bonds can be cashed after six months.
People who wish to invest at least $ 1000 can buy other types of United States government bonds, such as Treasury bonds. These bonds are tradable on stock exchanges. Most Treasury bonds pay a higher rate of interest than do savings bonds because their price may change considerably from time to time. Such price fluctuations reflect the changes in current interest rates. For example, Treasury bonds issued during an inflationary period may pay 8 percent interest Bonds issued earlier at 5 percent would then become less desirable to own. Their market price would fall until their current yield was also 8 percent A bond’s current yield is the amount of money the bond earns annually .expressed as a percentage of the bond’s current market value.
The federal government also sells securities called Treasury bills. They yield high interest during periods of inflation and low interest during recessions. The bills are issued only in large denominations starting at $ 10000. Treasury bills mature after three, six, or nine months-much sooner than bonds do.
State and local governments issue securities called municipal bonds. The interest earned by some municipal bonds is not subject to federal income tax. For this reason, such bonds appeal to many people on an upper income level, who must pay a high tax rate. Municipal bonds that are not subject to federal income tax pay lower interest than do most federal bonds. In 1986, the U. S. Congress passed legislation that made the interest on many kinds of municipal bonds subject to federal income tax.
Corporate bonds are loans made by investors to business firms- A corporation pays each bondholder interest every year until the bond matures. At that time, the corporation must redeem the bond by paying its face value. In most cases, this sum is $ 1000. If the company defaults (fails to meet its obligations) , the bondholders have the legal right to take over the business and sell assets pledged as security on the bonds.
The prices of bonds issued by corporations or by governments may change due to variations in market interest rates. As a result, investors may fail to get back the purchase price of their bonds if they sell the bonds before the maturity date. In addition, investors may lose money if the government or corporation defaults.
The government bonds may include______.
选项
A、government securities and corporate bonds
B、savings bonds and Treasury bonds
C、Treasury bonds and Treasury bills
D、BOth B and C
答案
D
解析
文章指出,储蓄公债、国库券和短期国债都属于政府有价证券。第一段Bonds include government securities and corporate bonds.第二段第一句:People who wish to invest at least $1000 canbuy other types of United States government bonds,such as Treasury bonds.第三段第一句The federal government also sells securities called Treasury bills.
转载请注明原文地址:https://kaotiyun.com/show/AQ1O777K
0
考博英语
相关试题推荐
A______ofthelongreportbythebudgetcommitteewassubmittedtothemayorforapproval.
TheBushcrowdbristlesattheuseofthe"Q-word"—quagmire(沼泽)—todescribeAmericaninvolvementinIraq.Butwithoursoldiers
Heisvery_____andwell-qualified,soheshouldreachthetopofthisprofession.
Theearthiswitnessinganurbanrevolution,aspeopleworldwidecrowdintotownsandcities.In1800onlyfivepercentofthew
Asbestos(石棉)istilegenericnameforanumberofnaturallyoccurringfibrousmineralsilicatesofwhichthemostcommontypesa
Cultureshockexplainsmuchofthebewilderment,frustration,anddisorientationthatplaguespeopleintheirdealingswithothe
Forthepastseveralyears,theSundaynewspapersupplementParadehasfeaturedacolumncalled"AskMarilyn."Peopleareinvite
OnesillyquestionIsimplycannottolerateis"Howdoyoufeel?"Usuallythequestionisaskedofamaninaction-amanwalkin
UndertheBushadministrationAmericahasgonefromapolicyof"dualcontainment"ofIranandIraqtooneapproachingdualfai
Hesteppedgingerlyintotheramshackleoldhouse.
随机试题
重视早期教育,认为学前期是接受教育的最佳期,是知识的播种期,如错过机会,则难以弥补的是()
民族精神是一个民族在长期共同生活和社会实践中形成的,为本民族大多数成员所认同的价值取向、思维方式、道德规范、精神气质的总和。在五千多年的发展中,中华民族形成了伟大的民族精神。中华民族精神的核心是
A.G1期B.S期C.G2/M期D.G0期E.G0+G1期对射线最敏感的细胞周期时相是
幼红细胞浆内的蓝色铁颗粒在6个以上,且环核分布,则称为
某施工单位对某公寓楼投标中标,建筑面积为4326㎡,与招标人签订了合同。合同工期330日历天,2005年9月1日开工。协议书合同价格为316万元。在专用条款中约定,价格的调整,执行通用条款有关规定;单价调整,执行《建设工程工程量清单计价规范》,工程量清单的
某企业组织近来质量出现问题,通过使用排列图,找出主要问题后进行了有效解决,后又派专人对质量改进的知识进行了学习,并掌握了许多质量改进有关知识。解决质量问题时,制定对策并取得成效后,为了防止质量问题再发生,必须做到()。
下列属于执法活动的是()。
《周礼》云:“马八尺以上为龙。”《山海经》曰:“马实龙精。”在古人心目中,马具有龙性,奔腾不息的龙马精神更是中华文化积淀中最宝贵的部分。据《尚书》记载,根据黄河龙马背负图纹画出八卦的是:
Whatpartofthemuseumflooded?
VisitorstoBritainmayfindthebestplacetosamplelocalcultureisinatraditionalpub.Ateamofresearchershave(1)______
最新回复
(
0
)